We are pleased to share the sale of our client, ServiceMaster Chesapeake to a Private Investor. The acquisition closed January 27, 2023.

ServiceMaster Chesapeake (SMC), located in Millersville, Maryland, operates as a ServiceMaster franchise, and offers comprehensive commercial cleaning services. Specifically, SMC offers carpet cleaning, janitorial services, hard floor cleaning, specialty cleaning, green cleaning, COVID-19 cleaning, and disinfection services.

The company is well known in the regional markets and has an excellent reputation for client service and on-time completion of projects.

Generational Equity Executive Managing Director, M&A-Technology Practice Leader, David Fergusson, and his team, led by Senior M&A Advisor, Mark Shortz, with the support of Managing Director, M&A, Corey Painter, successfully closed the deal. Executive Managing Director Rick Buchoz established the initial relationship with SMC.

“The owners were great team players and the business, having a strong foundation for financials, allowed us to find the right buyer and close the deal quickly,” said Shortz.